Broadcom Inc. $AVGO is Independent Advisor Alliance’s 6th Largest Position

Independent Advisor Alliance boosted its position in shares of Broadcom Inc. (NASDAQ:AVGO) by 3.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 211,077 shares of the semiconductor manufacturer’s stock after purchasing an additional 6,279 shares during the period. Broadcom makes up 1.8% of Independent Advisor Alliance’s holdings, making the stock its 6th biggest holding. Independent Advisor Alliance’s holdings in Broadcom were worth $69,637,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Longfellow Investment Management Co. LLC purchased a new stake in Broadcom in the 2nd quarter valued at about $27,000. Teachers Insurance & Annuity Association of America acquired a new stake in shares of Broadcom during the second quarter valued at about $28,000. LGT Financial Advisors LLC purchased a new stake in shares of Broadcom in the 2nd quarter valued at approximately $31,000. New England Capital Financial Advisors LLC acquired a new position in shares of Broadcom in the 2nd quarter worth approximately $31,000. Finally, JCIC Asset Management Inc. purchased a new position in shares of Broadcom during the 3rd quarter worth approximately $31,000. Hedge funds and other institutional investors own 76.43% of the company’s stock.

More Broadcom News

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Hyperscaler AI capex ramp — Strong capital‑expenditure guidance from Alphabet and Meta increases expected demand for Broadcom’s custom AI chips and datacenter silicon, supporting revenue outlook for 2026 and beyond. Recent coverage highlights this direct linkage as a primary bullish catalyst. Alphabet’s AI Spending Story
• Positive Sentiment: Analyst upgrade — Zacks moved AVGO from “hold” to “strong‑buy,” a near‑term catalyst that can attract momentum money and validate the upside case for investors. Zacks Upgrade
• Positive Sentiment: Product and partnership momentum — Broadcom announced enterprise Wi‑Fi 8 access point and switch solutions and continues to be cited as a co‑developer of hyperscaler accelerators (TPUs/MTIA), reinforcing its role in the AI supply chain. Wi‑Fi 8 Product Announcement
• Neutral Sentiment: Analyst/peer context — Several pieces compare AVGO to semiconductor peers and re‑rate targets; these provide useful valuation context but don’t change the core demand story. Investors should watch forward EPS/PE multiples in these reports. Peer Comparison
• Neutral Sentiment: Media commentary — High‑profile bullish commentary (e.g., Jim Cramer) supports sentiment but includes caveats about timing; market‑wide volatility may mute immediate follow‑through. Cramer Commentary
• Negative Sentiment: Recent share pullback and volatility — AVGO has declined meaningfully from its recent highs (including a sharp intraday drop reported by some outlets), reflecting profit‑taking, rotational flows out of growth tech and stretched valuation concerns after last year’s surge. Recent Pullback Coverage
• Negative Sentiment: Mixed market backdrop — Futures and sector rotation headlines are creating two‑way trading; broader tech profit‑taking can pressure AVGO even if company‑specific fundamentals remain strong. Market Futures

Analyst Ratings Changes

A number of analysts have issued reports on AVGO shares. Wall Street Zen raised Broadcom from a “hold” rating to a “buy” rating in a research report on Saturday, December 13th. Mizuho set a $480.00 price objective on Broadcom and gave the company an “outperform” rating in a research note on Friday, January 9th. Wolfe Research raised Broadcom from a “peer perform” rating to an “outperform” rating and set a $400.00 target price on the stock in a research note on Friday, January 30th. Evercore ISI raised their target price on Broadcom from $342.00 to $403.00 and gave the company an “outperform” rating in a report on Wednesday, October 15th. Finally, Wells Fargo & Company upgraded shares of Broadcom from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $410.00 to $430.00 in a research note on Thursday, January 15th. Three research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $437.28.

Insiders Place Their Bets

In related news, CFO Kirsten M. Spears sold 30,000 shares of the stock in a transaction on Wednesday, December 31st. The stock was sold at an average price of $347.82, for a total value of $10,434,600.00. Following the transaction, the chief financial officer owned 277,237 shares of the company’s stock, valued at $96,428,573.34. This represents a 9.76% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Hock E. Tan sold 70,000 shares of Broadcom stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $347.30, for a total value of $24,311,000.00. Following the sale, the chief executive officer directly owned 132,836 shares of the company’s stock, valued at $46,133,942.80. This trade represents a 34.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 779,901 shares of company stock worth $284,069,237. 2.00% of the stock is currently owned by insiders.

Broadcom Trading Up 0.8%

AVGO opened at $310.51 on Friday. The business has a fifty day moving average price of $350.00 and a 200 day moving average price of $338.20. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.71 and a quick ratio of 1.58. Broadcom Inc. has a 12 month low of $138.10 and a 12 month high of $414.61. The stock has a market capitalization of $1.47 trillion, a price-to-earnings ratio of 65.23, a PEG ratio of 0.99 and a beta of 1.21.

Broadcom (NASDAQ:AVGO) last announced its quarterly earnings data on Thursday, December 11th. The semiconductor manufacturer reported $1.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.87 by $0.08. Broadcom had a return on equity of 37.45% and a net margin of 36.20%.The business had revenue of $18.02 billion during the quarter, compared to analysts’ expectations of $17.46 billion. During the same quarter last year, the business posted $1.42 EPS. The business’s quarterly revenue was up 28.2% compared to the same quarter last year. Sell-side analysts expect that Broadcom Inc. will post 5.38 earnings per share for the current fiscal year.

Broadcom Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd were given a $0.65 dividend. The ex-dividend date of this dividend was Monday, December 22nd. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.8%. This is a boost from Broadcom’s previous quarterly dividend of $0.59. Broadcom’s payout ratio is currently 54.62%.

Broadcom Company Profile

Broadcom Inc (NASDAQ: AVGO) is a global technology company that designs, develops and supplies semiconductor and infrastructure software solutions for a broad range of markets. The company’s semiconductor business provides components and systems for wired and wireless communications, enterprise and cloud storage, networking and broadband access, serving original equipment manufacturers, cloud service providers, telecommunications carriers and industrial customers worldwide. Broadcom is headquartered in Irvine, California, and operates globally with research, development and sales organizations across North America, Europe and Asia.

On the semiconductor side, Broadcom’s portfolio includes system-on-chip (SoC) and application-specific integrated circuit (ASIC) solutions, radio-frequency and connectivity components, Ethernet switching and PHY devices, storage adapters and controllers, optical transceivers and other networking silicon.